Value Investing News

The title of this post comes from a quote from a buy side friend working at one of the largest hedge funds out there. I 100% agree with his assertion. Howard Marks also agrees (see his most recent letter here: http://www.oaktreecapital.com/MemoTree/Ditto.pdf). He writes:

"Regardless of the...

• http://www.distressed-debt-investing.com/2013/01/the-high-yield-market-is-completely-out.html (154)